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Search Results 0 to 49 of about 138 (some duplicates have been removed)
CSPAN
Feb 26, 2014 8:00pm EST
tonight on c-span, house means chairman dave camp introduces his tax reform proposal. obama ist, president in minneapolis to discuss transportation infrastructure funding. later, a hearing on new irs rules regarding tax-exempt status for nonprofit organizations. >> house ways and means committee chairman dave camp announced a new tax reform proposal today. chairman cap is calling for ending deductions for state and local taxes. this briefing is when he minutes. >> hello and good afternoon. there have been so many changes to the tax code over the last day,e, more than one every that it is now 10 times the size of the bible with none of the good news. i know that seems like an old joke now. you may have heard it several times. when i travel around michigan or anywhere around the country, it still gets a pretty good laugh. as i listen to hard-working taxpayers talk about how we need to simplify and six our broken outdated tax code. what isn't funny is the impact washington's constant tinkering with the tax code has had on our economy and our families. we don't have to look long bef
CNBC
Feb 26, 2014 7:00pm EST
tomorrow. \s. >>> the bail is off, major new supply-side pro-growth tax reform plans, that's from ways and means chairman dave kamf. and i don't understand why top republican leaders are trashing it. congressman camp will join us live tonight to talk about his plan. >>> also this even harry reid says all the well-documented stories of obamacare paying enough people are not true. really, mr. leader? he blames the koch brothers. >>> we have another horror story to tell you about. wait until you see the confusing, even threatening obamacare tax language in the new tax forms that no one understands. the down side of marijuana is out there. while everyone focuses on the financial effect of colorado's legal pot industry, tonight cnbc will premiere a new documentary that also looks at the dangers of this gateway drug and the serious challenge now facing colorado's parents. all those stories and much more coming up in "the kudlow report" beginning right now. ♪ good evening, everyone. i'm larry kudlow. this is "the kudlow report." we are live here at 7:00 p.m. eastern, 4:00 p.m. pacific. we have
CSPAN
Feb 26, 2014 10:00pm EST
institutio institutioe u.s. clients avoid paying taxes. that was part of a hearing today on offshore banking. it's next on c-span2. >>> ahead of the federal reserve will testify on capitol hill tomorrow morning the senate subcommittee investigation accused the swiss bank of trying to hide the accounts of 22,000 u.s. citizens so they could avoid paying taxes. the panel headed by carl levin is called from the justice department to force the bank to hand over the names of u.s. citizen good morning everybody. the permanent subcommittee on investigations will come to order. the american public is angry about offshore tax abuse, efforts by well-off americans to ebay to their u.s. tax obligations by hiding money offshore. at today's hearing follows up on a hearing that the subcommittee held five years ago in 2008 when we presented evidence that well-known international banks located in secrecy jurisdictions were deliberately hoping u.s. clients cheat on their taxes by opening offshore accounts never reported to the irs despite a u.s. law requiring the disclosure. the hearing focused in part
FOX Business
Feb 26, 2014 7:00pm EST
when they learned no one had been at home. we are coming right back. the tax man and ways and means committee chairman dave camp. congressman mike turner joins us next. ceo and chairman richard smith joins us tonight. mine was earned in korea in 1953. afghanistan, in 209. orbiting the moon in 1971. [ male anuncer ] once it's earned, us auto insurance is often handed down from generation generaton. because it offers a superior evel of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to see. coach calls her a team player. she's ind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls itogistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. them. which will cause me to miss the end of the game. the x1 ente
FOX Business
Feb 26, 2014 10:00pm EST
that ended whn they learned one had been at home. we are coming right back. the tax man and ways and means committee chairm ave camp. congressman mike turnejoins us next. ceo and chairman richard smith oins us lou: on wall street, stocks were modestly higher. the s&p up, the nasdaq was four. crude oil is up 76 cents in gold prices down $15 settling at $13.28. the ten-year down 2.67%, staying within a very stable range. target shares up 7%. retailerand its data brch, costing 61 millionand could extend also. and carl ichan being blamed for dysfunctional leadership in a new letter to shareholders. has he overstepped? some would say perhap yes. we will find out. be sure to listen to my financial reports the three times a day on thee aol radio network for all of the biggest market and business news. chairman dave camp revealing his proposal that the republican leadership is trying to downplay d distance themselves from that pla. congressman mike turner is a member of the house oversight and armed rvices committee. as indiscreet have youith us. when we start with tax reforms. >> he has wor
CSPAN
Feb 26, 2014 11:00pm EST
up, remarks by governor jan brewer. a tax reform proposal. -- the president is in minneapolis to discuss transportation and infrastructure funding. >> on the next washington journal, congressman phil roe on the gop alternative to the alternative -- obamacare. and later, nbc news correspondent harry smith talks about his documentary looking at marijuana in colorado. washington journal is live every morning at 7:00 eastern. you can share your thoughts on facebook and twitter. >> federal reserve chairman janet yellen testifies before the senate taking committee thursday. the first time since being confirmed to lead the central bank. you can watch it live at 10:00 a.m. eastern on c-span three. you can also join the conversation on facebook and twitter. >> blown out and broke. year in, year out. they fought the worst drought in history. they stopped, choked to death on arrenaron lined. -- b land. many were ahead of them, but then he stayed. hopes, andinery, credit were gone. resettlement.s. administration documentary "the ins."that the plao sunday at 4:00 p.m. eastern on c-span three.
FOX Business
Feb 27, 2014 4:00pm EST
, make me want it more than ever. >>> house ways and means committee chairman dave camp has a new tax plan that radically simplifies our i am possibly complex tax code and on fire from both sides of the aisle. lawyers don't like it. accountants don't like it. does it stand any kind of a chance? rich edson sitting down with the chairman to get answers on simplified tax plan. you don't want to miss this. speaking about money, you have enough money saved for retirement and putting it off because of great recession? we tell you how to maximize your 401(k) plans so you can retire when you want. stick around for this. ♪ announcer: where can an investor be a name and not number? scotade. ron: i'm ner alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so wn i have questions, i can talk to someone who knows exactly how i trade. because i n't trade like everybody. i tre like me. that why i'm with scottrade. announcer: rked highest in investor sisfaction with self-directed services by j.d. power and associates. but with less ergy, moodiness, i
CSPAN
Feb 26, 2014 9:00pm EST
for 501(c) four nonprofit groups applying for tax exempt status and testimony before a house subcommittee on wednesday. this is two hours. >> the hearing will come to order. hearing of thest year for our subcommittee. welcome to all the subcommittee members. glad to have you back. a warm welcome to our subcommittee's newest member. he is not here yet. he will be down at the end. we look forward to having him work with us. today the subcommittee will hear from two panels. we will hear about the activities and operations of the internal revenue service. commissioner. irs welcome to you, sir. we appreciate your return to the service and thank for taking -- thank you for taking on this task. george have russell and nina olsen. we appreciate the careful and constant oversight of the irs. we have not heard in some time from ms. olsen, so we are especially eager to hear from her. as a matter of house keeping, i will be following the five minute rules for that members. i do not plan on cutting anyone off in the middle of their sentence, but if everyone could keep their questions and
Bloomberg
Feb 27, 2014 5:00pm EST
dave camp. he wants to blow up the tax code. not everybody likes that. >> he is getting it from all sides. he unveiled his plan yesterday. this is a more than 900 page effort. they want to totally overhaul the tax code. he is under fire from big banks. he even takes on the nfl. they have a tax exempt status. he is defending his plan amongst criticism from republicans and democrats that aspects of this go too far. to simplifye have and get lower rates, we can grow the economy by 20%. if we get 20% growth, that will translate to almost 2 million jobs. economy is the number one issue facing americans. americans want to do something about it. this proposal is one way to do something about it. >> the argument from critics is that it may be true controversial for those who would otherwise support it. he will pushs that forward on it and start the conversation. >> is dave camp running for reelection? >> he is running for reelection. who hashis is someone been a serious lawmaker for a long time. people were waiting for this proposal. she will wait what happens in to see what happened then h
CSPAN
Feb 27, 2014 12:00am EST
showing of compliance with their u.s. tax laws and we talk about u.s. customers, 18,900 of those accounts were closed and today there is about 3500 that you have determined are in compliance. are those numbers correct? >> those numbers are correct as of today but i would like to add that in total we have breathed you'd been verified tax compliance of -- of which 3000 have been closed and the number you have mentioned are still with us. >> so what is the total number of accounts that no longer have the 22,000? >> 8000 that you mention. >> all right. and if i may add mr. chairman we had a large population of u.s. resident clients. i think i would say 11,000 i believe. they had account balances below 1 million dollars in assets under management. they were not even given the option to stay because to move to one of our holy u.s. licensed broker-dealers you needed $1 million as a minimum balance so it let them thousand of these 19,000 or 18,000 did not have the opportunity to prove tax compliance. >> all right. mr. cerutti your u.s. persons policy required that suisse accounts open fo
CSPAN
Feb 27, 2014 1:00am EST
is not olitical activity. here is no doubt a number of roups have abused their claims to the 501 tax-exempt status by engaging in political activity. this is not a right, but rather a responsibility. too many organizations have been claiming it as a way to avoid transparency and taxes. laster, i suggested the irs need to revisit these rules to provide greater clarity. as to what is considered a political activity for purposes of making a 501 designation, the rules proposed by the irs have attested to do just that in my opinion. i cannot say whether the irs struck the right balance, but i o know that they will take any and all concerns seriously though for finalizing them. however, this committee cannot help the irs and these reforms did we do not adequately fund gency. fiscal year 2014 appropriations gave the irs more than the sequester level, but the irs is still being funded at its lowest level since fiscal year 2008. if we care about the fair implementation of our tax laws, this is simply unacceptable. y'all know at this level of funding, every additional dollar even to the irs al
SFGTV
Feb 27, 2014 12:30am PST
businesses as and transform from a payroll tax to another tax system and low encourage job creation. he will be asked to step out of the traditional you've got to get it done and how do we help you do get under and city maintain and create jobs in the city. i'm here to say thank you jose to really let everybody you know how appreciative i've been 0 o and lucky to have you as a leader in our financial literacy captain. ooip i've been lucky to inherit a movement gavin was there before me and a visionary and i still get his council as he goes across california doing great things in education. gavin i say thank you that f in your new really as lieutenant governor everything we've accomplished we get a national and state audience because of the work you've done. with that our visiony and former mayor now lieutenant governor gavin newsom. >> (clapping.) >> thank you. obviously, we have the same speech writer i have nothing else to say about jose wonderful work and thank you for covering the base is. i ran over to college and wondered what happened to terminate limits that's been 10 damn years
Bloomberg
Feb 26, 2014 9:00pm EST
democratic side and i am a democrat. they look at tax reform that will not only simplify the tax code. this is to simply pay our bills. >> let's talk about bills that specifically the kind that get printed. i must -- and the new chair is scheduled to testify tomorrow. >> what we will hear from her is a projection of the continues to recover. frankly, the fact that we have moved from washington being net negative on the economic recovery, maybe the neutral. that can be a positive aspect. a number of members will press on when we will see some additional relaxation and quantitative easing. >> is that what you're going to ask? are those the questions you'll ask? >> by the time they get down to me, i'm sure that they will be asked. one of the areas that i want to highlight is one of the coming fiscal crisis that we have to get ahead of her. we have now had a true billion dollars in student debt that exceeds credit card debt. we are starting to see the price diminish state and the federal support. with the rising college costs, we bought that off with debt. that is coming to an end. i would like
Bloomberg
Feb 26, 2014 7:00pm EST
answer. >> about 200 pages worth showed tax evasion. is match as $10 million was hidden assets. the vast majority of accounts were shielded from the irs. >> that brought the ceo and other top executives at swiss bank into the holes of congress. books are investigation chronicles the uneven and halting progress made in identifying u.s. taxpayers who cheated uncle sam by using offshore accounts. a bipartisan report that we're releasing today sites chapter and verse the failure to collect taxes owed and hold accountable the u.s. persons who evaded their tax obligations and the tax havens who helped them. we learned of one swiss anchor who met with the u.s. client over breakfast that he was luxury hotel and slept the luxury hotel and slept the client bank account statements in between the pages of a sports illustrated magazine. >> these alarming instances belong in a spy novel, not at one of the world's top tanks. you can say your call between two countries laws, but when you come to this country, you send bankers into the united states, set up an office in the united states, help u.s.
CNN
Feb 26, 2014 4:00pm PST
their war on the 1%. they want to close a major tax loophole and wall street fighting back tonight. >>> plus, spike lee fired up, the film director unleashing a seven minute rant about race and real estate. the man who sparked the tirade. >>> breaking news out of arizona. the government expected to i can ma a major announcement about a bill that critics call anti-gay. let's go "out front." >>> breaking news. much anticipated announcement from the arizona governor's office tonight. governor jan brewer will speak in this hour about the con throw versal religious freedom bill as it's called that's been sitting on her if he desk. it would allow businesses to refuse services to gays. we've been following that story from phoenix. miguel, what's the reaction from people you're talking to tonight? >> reporter: the reaction is that the governor has now decided to make a statement in 45 minutes, 7:45 eastern time governor brewer will in her office make a statement regarding sb 1062. we have every expectation, as we have for a couple of days now, that she will veto that bill. the pressure fro
Al Jazeera America
Feb 26, 2014 11:00pm EST
banks were the target of a senate committee. swiss banks in particularly. american tax cheats spent million. >> a report if a senate investigative committee, leers in the making. if you go through the pages james bond has nothing on the swiss banks. some senators say it's too real. as much as $12 billion hidden away. secret and none taxed >> top officials of credit swiss called before a senate panel accused of helping 19,000 u.s. customers evade taxes. in testimony their c.e.o. was contrite. >> the management team regrets despite the leading industry compliant members, we had swiss bank private bankers who may have convened american law. >> he blamed is small group. their methods from cloak and dagger. bank statements were slipped into the pages of sports illustrated, a client where they never left grounds, a remote controlled elevato with no but jobles. and after each traction account statements shredded. >> the jig is up. >> senators want client names. bank officials say they are squeezed. >> do you think you'll be convicted in a swiss court. will the swiss government convict you
CSPAN
Feb 27, 2014 7:00am EST
in 2009 instead of the failed obamacare. plan includes closing tax loopholes to help pay for projects. this is what they report in "wall street journal." lands to improve roads, bridges, and tunnels received a laid as president obama out a proposal for infrastructure upgrades, paid for by unspecified changes to the tax code. the question of how to pay for the work remains sticky. numbers of both parties have pointed to tax code changes as a financing source. the speaker of the house said we have to find funding mechanisms to fund our infrastructure needs. the hunt has been on for the last year to find the funding source. i wish i could report that we had found it, but we haven't. he also said that he and mr. obama discussed the country's infrastructure problems, but did not come to an agreement. mr. camp would raise money through a one-time tax on corporate overseas profits as part of a transition to a new international tax system. here is dave camp talking about his tax reform proposal. [video clip] >> we must enact real, meaningful tax reform. i am releasing a simpler, fair
FOX Business
Feb 27, 2014 2:00pm EST
income tax, better weather, close to latin america. melissa: speaking my language. i singing my song, speaking my language. i would love that. we would move to florida in a heart beat. you're doing incredible things in your state that would make other states very envious. looking amazon moving to tampa, bringing more than 1,000 jobs with it. 300 million in capital. time warner moving to tampa, with 500 new jobs. 500 million in capital investment. what did you have to offer them to get that done? >> we're a great state. no income tax and we're a right-to-work state. gateway to latin america. we have five million multilingual speakers. brand new university doing science technology, engineering and math. we're talking to companies every day and they are clearly moving. people are moving here but companies are expanding. yesterday i was with a technology company that is adding over 100 jobs just in technology. but even the non-technology companies are moving here because of our technology. hertz, 700 jobs. average income, $100,000. people want to be here. melissa: they do, but you're doi
Bloomberg
Feb 27, 2014 3:00pm EST
things, his new tax plan, and we will hear about it. stay with us here on "street smart." ♪ >> if you missed everything that happened during today's session, do not worry, in 45 seconds we will get you caught up on the only stocks you need to know about today. surging 25%cpenney after forecasting an increase in revenue. same-store sales will increase mid-singlets -- by digit percentage and gross margin will significantly improve this year. >> number nine, rbs shares down six percent as they report the biggest full-year loss since the bailout in 2008. the new ceo is trying to revive earnings by combining units, shrinking the investment bank and cutting jobs. likes number eight, blackstone. agreeing to buy 25% of gianni first half cheaper $287 million. this marks the end of a lengthy search for for saatchi family owners to find an investor. versace. motors.r six, general seven, general motors. up twober six kohl's, percent. toer jaffray continues recommend the shares and notes that the company management indicating on the inter--- earnings call it sees early success from a new loyal
CNBC
Feb 27, 2014 3:00pm EST
else in america. he'll tell us where that is coming up. >> also, tax season is upon us. up next, john harwood explains why the income tax as we know it could be ancient history in 25 years. i hope he's right. aflac. ♪ aflac, aflac, aflac! ♪ [ both sigh ] ♪ ugh! ♪ you told me he was good, dude. yeah he stinks at golf. but he was great at getting my claim paid fast. how fast? mine got paid in 4 days. wow. that's awesome. is that legal? big fat no. [ male announcer ] find out how fast aflac can pay you at aflac.com. easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. [ male announcer ] open an account and get a $150 amazon.com gift card. call 1-888-330-3136 now. optionsxpress by charles schwab. >>> welcome back. as we celebrate cnbc's 25th anniversar
CNBC
Feb 27, 2014 12:00pm EST
helped thousands of u.s. americans e vad u.s. taxes by stashing their money in swiss banks. it highlighted abuse where's employees came to the bank to get recruits at golf tournaments and bank sponsored events by telling u.s. officials they were here for tourism. they set up special meeting rooms in airports. billions of dollars of u.s. taxes were dodged in the course of this with the help of the bank. it is doing business in the u.s. under the supervision of the federal reserve board. now, this report very thoroughfathoresearched for failing to prosecute or huge the lever at its disposal of a bank operating out of the u.s. senator levin rightly pointed out if the swiss bank doesn't want toer can't comply with u.s. law, maybe it shouldn't do business in the u.s. this case has reminders or echos of the hsbc case we saw just a year ago, flagrant vial lagszs through transactions carefully structured to keep u.s. officials out of the loop and once discovered unwillingness by the bank regulators to use their authorities to hold anyone accountable. as senators levin and mccain asked
FOX Business
Feb 26, 2014 11:00pm EST
, we could have pro-growth tax reform and a structur to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need what you say those. >> but these are the facts the president to stop want to change the mandory spending program. he does not want pro-growth tax reform faid waed to have anotr government shutdowno what republicans had to do was a precautiary measure to op the administratiin with thr madness. it is the least of the bad options. neil: but you will give bin to take a mile and with all the new spending initiives precisely because they have your number in baking keep spending because you were on the midterm election emprise then you will eventually do the things you wanted in the meantime ising opportunity after opportunity. >> i don't disagree but do you shut the government down again? because that is where we were headed. we just felt this was the worst -- the bestf the worst options. to debris' introduced draft legislation because when you code is complex.of the tax the america
CSPAN
Feb 27, 2014 12:00pm EST
whole range of services for an individual with a disability, that they can do that in a tax-free -- i should say a tax-advantaged environment and so they can save over time and do it in a manner that doesn't put them at a disadvantage from a tax standpoint down the road. so sara is a great example of why the able act should pass, and she is doing more than her share to make sure that it does pass, so i'm grateful to sara wolfe for doing that. especially grateful to people like sara who like a lot of us at some point in our lives have to overcome the tragedy. sara lost her mother connie not too long ago to a sudden and rapid illness, but she has been able to -- to deal with that tragedy and still help us day in and day out to get the able act passed. i will highlight one more story and then i will conclude. angie king is a 28-year-old who lives in indianapolis, indiana, and like sara wolfe, she lives with downs syndrome. she has had -- angie has had five different jobs and works five days a week. she works paid positions at kohl's on mondays and at the ymca on fridays. on tuesdays, wed
FOX News
Feb 26, 2014 4:00pm PST
at 501 c 3s. they are allowed to do it. all of these are tax deductibles. here are the unions they are allowed to do it all. this the is present administration trying to stifle the voices. this isn't just about republicans opposed to. this aclu opposed to this and also the syria club. because this is what the new proposal would be. stifle the a 01 c 4s. >> what's the difference between 501 c 4 and 501 c 3. >> this is tax deductible. this is charitable these are syria club. these are your volunteer firefighters. these are the individual groups going through. and you know what? the comment period ends tomorrow it. they have gotten 69,000 comments on on sierra opposed. aclu. he keystone had 700 comments. they never had these comments mostly all opposed. >> what republicans say is it is designed to shut down the tea party groups but it applies equally to liberal groups and conservative and tea party groups, right? >> i don't care who it goes after, it's wrong. it's government trying to shut your voice down. remember what the first amendment says. >> why would the administration want to
PBS
Feb 27, 2014 9:00am PST
is split between tax and supporters most bbc populace rule areas texan groups largely made up of people from the lead to the urban middle class. and by instinct was to climb the political landscape in thailand. a grenade exploded on wednesday at a tv station in bangkok. nobody was hurt but a series of explosions last week after five people including four children sony's own province on the island of sumatra have declared a state of emergency due to the east. even though the clearing at large while but there are complying officials at indonesia's national disaster agency status mom has covertly our province for several weeks reality is a major source of palm oil. these and really felt was the one km on thursday. reuters says the prophet authorities in the region have canceled the plan for its apple flights. health officials see more people are suffering from respiratory ailments the predicted to be the most communities that has blanketed the professor agreed to. it's rumored to be a fine crumbs and consists of respite programs. but to be increased to twenty two thousand cases by f
FOX Business
Feb 27, 2014 1:00pm EST
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FOX Business
Feb 26, 2014 8:00pm EST
have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing ese games that does little to sign onto the debt ceiling increase. on and on ro. you need what you say those. but these arehe facts the president to stop want to change the mandatory spending program. he does not want pro-growth tax reform failed wanted to have another government shutdown s what republicans had to do was a precautionary measure to stop the administratiin with their madness. it is the least of the bad options. neil: but you will give bin to take a mile andith all the nespending initiatives precisely becaus they he ur number in bakg keep spending because you were on the dterm election emprise th you will evenally do the things you wanted in the meantime ising oortunity after opportunity. >> i don't disagree but do you shut the government down again? cause that is where we were headed. we just felt thisas the worst --he best of the worst optio. to debris' introduced draft legislation because when you code is complex.of the tax the american people need to take
FOX News
Feb 27, 2014 1:00pm PST
world. too much spending, too much taxing. so things are going to start changing, and they did, and fast. beginning with rallies across the nation that tended to grow by the month. a force that would later go on to topple nancy pelosi and democrats in the house and make one john boehner speaker of the house. but for all of their commotion, the mainstream media treated them as quaint as best and racist as first. not fair, not balanced. not remotely right. a double-standard. "occupy wall streets" were cool. tea partiers defending the flag. well, the whacky right. occupiers burning the flag, right on. cutting tax is is selfish? living off bigger government, saintly. antispending was bad. antiwar, well, good. reading the constitution in public, pathetic. ripping it up in public, profound. tea parties divisive. those occupiers, they were in -- those covering tea party rallies cracked. those who covered the "occupiers," cool. the message from the mainstream, just ignore them. even though there is not sinister about them. this is not about killing the manning -- excuse me -- this was a pus
FOX News
Feb 27, 2014 2:00pm PST
game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. >>> yesterday senate democrats brought forth a bill that would ban marketing e-cigs to teens. yeah, that's a concern. what's next? ban the marketing of mountain dew to the elderly? these idiots did this to protect the children, but perhaps they are really protecting the billions in tax dollars they get from real cigarettes. no tone co-in an e-cig. no smoke, it's vaporer, the same stuff between their stupid ears.
ABC
Feb 27, 2014 5:00pm EST
. increases in property tax bills are nothing new in northern virginia. some homeowners say they don't mind. >> this and this is booming in parts of northern virginia, and recent tax exemptions are part of that. >> but there are higher taxes for business and homeowners, and his jeff goldberg explains, it could mean higher prices when you go out to deep. >> the good times often associated with the claritin section of arlington is currently being tested. >> it is crazy. other businesses here, he's seeing a dramatic increase in property taxes because assessments are skyrocketing. >> the property values may be high, but all of a sudden the taxes price yourself out of the marketplace. >> the jump and assessments for ase businesses is as much 100%, 200%, meaning thousands in taxes, which get passed on to customers. >> customers will only pay so much for coffee, bottom line. they could price us out of business. >> clarendon is a hotspot right now. is the ceo callinan of arlington county. she says the high demand for retail space means higher rent and higher assessments. >> it's good ultimatel
Bloomberg
Feb 27, 2014 3:00am EST
morning. coming up, it is pressure, it is mounting, it is from u.s. tax evaders. we will talk credit suisse after the break. ♪ >> welcome back to "on the move ." i am manus cranny at bloomberg's european headquarters in london. these are the bloomberg top headlines. from being thene most attractive carry trade that in the emerging markets to the worst in the space of two months. as the central bank's efforts to weaken the currency caused volatility to search. the exchange rate tumbled the most since 2010 earlier this week. losing money for investors who borrowed dollars to buy the yuan. angela merkel is expected to call for a stronger european union during her visit to the u.k. today. the german chancellor arrives in london later. she will address both houses of parliament and have tea with her majesty, the queen. >> i think she is going to try to convince the u.k. to stay in europe. that there are more advantages to stay in than to get out. you can't really pick what you like and not take the rest. i think that is the main message. yatsenyuk won the support of ukraine protesters i
PBS
Feb 26, 2014 6:00pm PST
house republican opened a bid today to overhaul the nation's tax system but it's unlikely to advance this year. republican dave camp chairs the house ways and means committee. he called for lowering the top income tax rate from 39.6% to 25%. he'd also impose a ten percent surtax on earned incomes over $450,000 dollars. house speaker john boehner would not say if the party supports the bill, and he refused to discuss the details. >> blah, blah, blah, blah. listen, there's a conversation that needs to begin. this is the beginning of the conversation. the idea of tax reform is to get our economy going again, provide better, more economic growth, more jobs, and higher wages. the way you do that is bring down rates. and to bring down rates you clean out a lot of the garbage that's in there and the special interest issues that are in there. >> ifill: the last major overhaul of the tax code was in 1986. that data breach at target stores before the holiday shopping season took a hefty toll on the company's bottom line. profit dropped 46% in the fourth quarter, and revenue slipped more than 5
CNN
Feb 26, 2014 7:00pm PST
left these cities. they'll flee away from taxes, crime, whatever. and went to suburbia. it followed them. they said why are we spending three hours a day on the long island expressway? let's move back into these cities. so for me it's about people get displaced. where the black population of new york city has declined. the hispanic or puerto rican population of new york city has declined. it's about having affordable housing so people whoever they are can live in new york city. and it's not just new york. d.c. used to be called chocolate city. chicago, they knocked down the cabrini green projects and now black people are stuck on the projects outside of chicago. >> sorry. isn't this something that has happened to in every generation to all sorts of different groups? little italy in new york has gotten smaller as parts of chinatown have grown and other neighborhoods have grown. one an area that used to be predominantly jewish then changes over to another ethnic group. you don't see this as something -- you think it's escalating? >> here's the difference, anderson. because those, they
FOX News
Feb 26, 2014 7:00pm PST
on "hannity." >> we reduced taxes and now people are more vulnerable. my job is to communicate to people the absolute imperative to use the public resources to maintain the safety net. >> all right, the filmmakers of that documentary had me yelling at the tv. they're going to be here to defend their movement. and we'll have much more strait ahead. straight ahead. captain obvious: i'm in a hotel. and a hotel is the perfect place to talk to you about hotels. all-you-can-eat is a hotel policy that allows you to eat all that you can. the hotel gym is short for gymnasium. the hotel pool is usually filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. captain obvious: yes i am. all those words are spelled correctly. but we're not staying in the kitchen. just start the slow cooker, add meat and pour in campbell's slow oker sauce. by the time you get home, dinner is practically done. and absolutely delicious. everne is cooking wiew campbell'
CBS
Feb 27, 2014 6:00pm EST
opportunities to save tax free for college or let's say open an ira as everyone else. hundreds of members of the national downs syndrome society came here to capitol hill today to fight for the same chances at a life. perhaps one of the most persuasive voices on capitol hill today, patty saylor. her 26-year-old son ethan died after an altercation with police at a frederick movie theater for not having a $12 ticket. she's a fighter for justice. today she fights for others with downs syndrome so they might have the life ethan will never have. >> ethan wanted the same life that his brother and sister had or were aspiring to. he wanted a wife. he wanted a car. >> reporter: but the way the tax law assists now ethan and others receiving government assistance can only save up $2,000 in a saving account, not enough for a car, wouldn't make a dent for college and not enough for an ira. chris val locallen and others -- chris van hollen and others are championing the able act. for that the national downs syndrome society gave him this award. >> we simply need the speaker to schedule a vote o
FOX Business
Feb 27, 2014 5:00pm EST
ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find outf your business can qualify at start-upny.com will there's this kid. coach calls hea team pyer. she's kind of special. she makes the whole am better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach he's a great passer.. dependable. a winning team has to have one. mebody you can count on. somebody l like my dad. this is my dad. somebody like my mom. my grandfather. i'm very prod of him. her. them. iprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. so ameriprise created the retirexclusive..ions. confidt retirement approach. now you and ur ameripise advisor can get the real answers you need. well, knowing gives u confidence. start building your confident retirem
FOX Business
Feb 27, 2014 6:00pm EST
direction: up so we' up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. mo here. expand here. or start a new buness here... and pay no taxes fo yrs. with new jobs, new opportunities d a new tax free plan. there's only one way for your business to go. up. find out if your businessy can qualify at start-upny.com neil: yesterday we discovered a story about how american airlines has quieted ended bereavement fares. flyers who need a last minute flight because of a family member's death now have to pay full price, the media is catching up to sorry "l.a. times" we broke the story first, you viewersa the home, this is network you watch to get it first, fewer soldiers, more labels, that sums up where financial priorities lie in washington these days, president moving back to roll troop levels to where they were before world war ii, yet celal kating millions, we super size spending on almost everything else. first on military matter, good thing in bad thing? >> remember ronald reagan. strategy of the peace through strength. so you
CSPAN
Feb 27, 2014 2:00pm EST
vote for tax breaks for billionaires, for millionaires, for large corporations and then say we don't have the resources to protect our veterans. we should not be supporting this point of order. a senator: mr. president? the presiding officer: the senator from north carolina. mr. burr: mr. president, my only wish is we could have been here on the senate floor debating reforms within the system so we could fulfill and keep the promises that we have got to our veterans that are currently in that system. i would yield back the balance of the time. the presiding officer: the question is on the motion to waive. the yeas and nays were previously ordered. the clerk will call the roll. vote: vote: the presiding officer: are there any senators in the chamber who haven't voted or wish to change their votes? on this vote the yeas are 56, the nays are 41, three-fifths of the senators duly chosen and sworn not having voted in the affirmative, the motion is not group agreed to. the point of order is sustained and under section 312 of the congressional budget act, the bill is recommitted to th
Al Jazeera America
Feb 27, 2014 6:00am EST
. >> lawmakers want to know how some of the wealthy americans can hide billions from the tax man. >> i'm john henry smith, a son knocks off his dad's old team. >> we'll share messages from our imprisoned colleagues. before we go to break, we want to share a letter peter wrote from prison. >> we have been doing what every journalist would, recording and trying to make sense of the events with fairness and balance. when the egyptian government declared the muslim brotherhood to be a terrorist organisation, it knocked the wind out of them. talking to them became on act of treason, however >> a live look at the statue of liberty in new york. the new york harbour, a clear but chilly quay. >> the top stories - the army disqualified 588 soldiers from positions of trust. after a major probe into sexual all the. investigate juniors sifted through records of 20,000 military members. it's unclear if the soldiers were kicked out of the military or assigned to new positions. >> members of an armed pro-rush amilitia has taken over some buildings in crimea. they are flying an american flag. it comes as ukra
Al Jazeera America
Feb 26, 2014 7:00pm EST
taxes on gasoline could one out of money in august because it's not enough to meet all the road and maintenance needs. for that congress needs to authorize new funding before september but the president's proposal is a lot more ambitious than that, which means its chances of getting through congress are, i think, zero. i say that because the president got nowhere when he tried something more ambitious in 2011. establishing a national infrastructure bank that leverages private investment to fund massive public works across the country in transportation, water and energy. with an infrastructure bank, this has been used in other parts of the world, the federal government would identify big projects, solicit money from the private sector and guarantee the loans required to execute those projects. it's a joint public-private model used by many countries around the world, but smack too much of socialism to many people in congress. in the meantime, america continues to suffer because of lack of leadership on this issue. this idea of creating international bank is not new. but proposals to
LINKTV
Feb 27, 2014 5:00am PST
groups say japan should cut corporate taxes. that's if the country wants to attract more investments from abroad. the japanese government launched a panel earlier this month to study the possibility of cutting the corporate tax rate. the panel invited officials from the american chamber of commerce and the european business council to its first meeting. by 2020 japan is aiming to boost investments from abroad to more than $340 billion as part of its economic growth plan. that's double the figure in 2012. >> translator: we would like to receive your views on how to make japan attractive for more foreign investors including improving the rules. >> at the meeting participants said that japan's corporate tax rate is too high. it's currently about 35%. they also said they want to see clearer rules on laying off employees and a more flexible system for part-timers. >>> central bankers in brazil have raised the country's benchmark interest rate gn, but they're slowing the pace of monetary tightening. members of the bank's monetary policy committee decided to raise the key laneding rate by .25% t
FOX News
Feb 27, 2014 8:00am PST
and means committee has done this week proposing tax reform to simplify the tax code, reduce rates, reduce the corporate rate from 35 to 25% is really the sort of thing we need to do to energize the participants in the u.s. economy. right now they're sitting on their hands. there is over a trillion, maybe $3 trillion in corporate assets not being deployed. there are $2 trillion in corporate assets parked overseas because they don't want to be taxed. the camp plan would cause most of that to come back to the united states and be deployed here. that is the sort of thing we should be doing. jenna: he announced his plan, if you will in the "wall street journal" yesterday in an article. i believe he will be speaking to neil cavuto later today. it will be interesting to hear from him. what do you think the prospects are? we heard tax reform before. what do you think really are the chances what he does actually turns into some change, real change? >> i think because of president obama's attitude towards taxes, there is very little prospect. you need a president to participate in a tax ref
CNBC
Feb 27, 2014 2:00pm EST
-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back, everybody to "street signs." the chinese yen, meaning the people's currency weakening against the dollar. that is grabs attention. why? sarah eisen is there reason to freak out and explain why a u.s. investors should care. >> well, investors are certainly caught off guard by this move in the chinese currency. if you pull up a chart. say over the last week or so, it's been surprising. that is the chinese currency the yuan weakened against the u.s. dollar. surprising. the past five years, chinese currency on a steady appreciation. gaining against the u.s. dollar. that's something the world wanted to see. not just washington politicians who have called on china to stop manipulating its currency, let its currency appreciate, just for the broader globa
PBS
Feb 27, 2014 10:30am PST
tax once again which could cost the uk savers three point five billion pounds you have two sets and current on going it's hard to build construction seems to be very different. the uk has many more friends in around the world the nation review focusing the eu till the end gang. the world is danger in any of the law and it still boils down to this one was a little less you're up for the other wants a whole lot more of it. the service of the rt london. my attention and proclaimed by some as the mice to emo company in the wild has once again drawing fun. the study suggests rules. that means he likened the links to any toxic and deadly kidney disease. read more about the dangers links to the gym for its bridge is the law and also now what scientists astronomers discovered seven hundred and fifteen you've done it sounds outside the system was dumping the number one it's time to see the smiles on this story and while it was attainable figured why not. west indies well is now spreading beyond the capital caracas and hunter street bond between anti government protest as and space and then k
MSNBC
Feb 27, 2014 3:00am PST
dave camp with his new tax plan that is drawing fire from both sides of the aisle. andy serwer will be us and the ice skating duomeryl davis and charlie white will join us. here is bill karins with a check on the forecast. >> no more doritos? >> we got them. >> oh, one more! >> oh! >> eat the whole thing. >> that is a step away from joe scarborough who just leaves it sitting -- >> learn from the master. >> what is the weather? >>> two storms for the west coast. the first in california yesterday and the second one is out in the pacific. this is the big one and waiting for. it's not going to end the drought but take a dent out of it. areas up there in the mountains, we could see up to four feet of snow in the mountains of california. this is much needed. we are predicting about 2 inches of rain and maybe 3 inches of rain in l.a. the most they have seen from one storm in three years. gives you the perspective of how bad this drought has been. of course, the temperatures in the northern plains. this is just brutal stuff. i mean, i know it's day after day and it's been all winter long, b
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